Top Five Reasons To Purchase A Home Now

Buyers still waiting for home prices to scrape rock bottom (hint: they will never return to1953 levels) or interest rates to hit zero (I know, it feels like they're headed there) might want to consider that conditions for buying a home are better today than at any time in recent memory.

The following are five reasons to consider a home purchase now:

1. Bargains are abundant, and buyers hold the cards. Home prices have dropped 30% since the peak, and in some states, such as Arizona and Florida, we're looking at the steepest price drops in recent history. The median price nationally for an existing home was $178,600 in August, according to the National Association of Realtors. With the expiration of the federal tax credits for home purchases, competition for low-cost homes has eased considerably.

Click Here to Read:  Top Five Reasons To Purchase A Home Now...